A training instructor in Cary is answering a client question about dual agency and designated dual agency. Which statement best applies under current North Carolina law?
Correct Answer
B) Dual agency and designated dual agency limit what confidential information may be shared without a client's permission.
Dual agency and designated dual agency limit what confidential information may be shared without a client's permission.
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Related Topics & Key Terms
Key Terms:
Related Concepts
An agency relationship created by the conduct or actions of the parties rather than by a written or oral agreement.
The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.
The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.
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